Tennessee reaches multimillion-dollar settlement with GS Partners
2024-10-17 11:37:01
Tennessee gs partners reached millions of dollars involved misleading numbersdesk3cryptocurrencydesktopCrypto News
The state of Tennessee has reached a multimillion-dollar settlement with GS Partners over misleading digital assets and meta-universe investments. Affected investors have 90 days to file a claim, which opens in November, and are expected to return all deposited funds or cryptocurrencies. The settlement also includes other entities within the GSB Group that have invested in products involving G999 tokens, XLT credentials and a staking pool in the Lydian World meta-universe. The states that settled with the GSB Group also include Alabama, Arizona, Arkansas, Georgia, Texas and Washington. It is reported that GS Partners includes GSB Gold Standard Corporation AG and GSB Gold Standard Bank LTD, the former being a joint stock company and the latter being a banking limited company.
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